M&A Deal Summary

Payroll Growth Partners Acquires School Payroll Services

On January 18, 2024, private equity firm Payroll Growth Partners acquired business services company School Payroll Services

Acquisition Highlights
  • This is Payroll Growth Partners’ 1st transaction in the Business Services sector.
  • This is Payroll Growth Partners’ 1st transaction in the United States.
  • This is Payroll Growth Partners’ 1st transaction in Nevada.

M&A Deal Summary

Date 2024-01-18
Target School Payroll Services
Sector Business Services
Buyer(s) Payroll Growth Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

School Payroll Services

Henderson, Nevada, United States
School Payroll Services provides payroll tools and services, based in Henderson, Nevada.

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Buyer(S) 1

DESCRIPTION

Payroll Growth Partners is a private equity firm focused on investing in and acquiring small- to medium-sized payroll companies across the US. The Firm targets businesses with high recurring revenue and strong cash flow, helping founders and owners achieve full or partial liquidity through buyout transactions. Payroll Growth Partners enhances portfolio companies by integrating next-generation payroll technology—such as real-time pay, paycards, and mobile apps. Payroll Growth Partners was formed in 2022 and is headquartered in New?York, New?York.


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Buyout (LBO, MBO, MBI) M&A Deals 1 of 1
State: Nevada M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2024 M&A 1 of 1